Concordia Lutheran Ministriesfoundation is located in Cabot, PA. The organization was established in 2006. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concordia Lutheran Ministriesfoundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Concordia Lutheran Ministriesfoundation generated $36.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $12.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Concordia Lutheran Ministriesfoundation has awarded 390 individual grants totaling $17,586,953. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO RAISE AND RECEIVE FUNDS IN FURTHERANCE OF THE MISSION AND PURPOSES OF AFFILIATE 501(C)(3) ORGANIZATIONS AND TO PROVIDE SUPPORT FOR COMMUNITY 501(C)(3) ORGANIZATIONS THROUGH ANGEL TEAR MINISTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CONCORDIA LUTHERAN MINISTRIES FOUNDATION IS THE PRIMARY CHARITABLE OUTREACH ARM FOR THE CONCORDIA LUTHERAN MINISTRIES NETWORK OF COMPANIES. IN ADDITION TO SUPPORTING NEARLY 100 UNIQUE THIRD-PARTY ORGANIZATIONS, THE ORGANIZATION ALSO HELPS SUPPORT THE OPERATIONS OF THE OTHER CONCORDIA LUTHERAN MINISTRIES COMPANIES WITHIN THE NETWORK. THESE DONATIONS TO AFFILIATED ORGANIZATIONS (LISTED IN PART III, LINE 1 AND SCHEDULE A) SUPPORT THE MISSION AND PURPOSE OF THOSE ORGANIZATIONS BY INCREASING THE QUALITY OF CARE AND QUALITY OF LIFE IN A CHRISTIAN ENVIRONMENT FOR ALL THOSE BEING SERVED. THROUGH THE USE OF THESE FUNDS, RELATED ORGANIZATIONS HAVE BEEN ABLE TO ESTABLISH A SCHOLARSHIP PROGRAM FOR EMPLOYEES, HELP SUPPORT ADULT DAY SERVICES WITHIN THE NETWORK, AND HELP FUND CHRISTMAS PARTIES AT VARIOUS LOCATIONS DURING THE YEAR. HISTORICALLY, GRANTS AND DONATIONS TO RELATED ORGANIZATION HAVE BEEN FOR THE PURPOSE OF ASSISTING IN THE ACQUISITION OF NEW LOCATIONS AND FUNDING THE CONSTRUCTION OF THERAPY GYMS AND CHAPELS AT VARIOUS LOCATIONS. DONORS ALSO CONTRIBUTE TO THE ORGANIZATION ON THE BEHALF OF THE RELATED ENTITIES; DONATIONS OF $322,914 WERE RECEIVED BY CONCORDIA LUTHERAN MINISTRIES FOUNDATION ON BEHALF OF OUR AFFILIATE ORGANIZATIONS.
THE ANGEL TEAR MINISTRIES FUND WAS ESTABLISHED FOR THE PURPOSE OF ASSISTING THIRD-PARTY 501(C)(3) ORGANIZATIONS TO BETTER SERVE BOTH DOMESTIC AND FOREIGN COMMUNITIES THROUGH CHRIST-CENTERED PROGRAMS THAT PROVIDE FOOD, HOUSING, EDUCATION, AND MEDICAL CARE TO UNDERSERVED AND UNDERPRIVILEGED CHILDREN AND FAMILIES. NEARLY 100 ORGANIZATIONS WERE ASSISTED DURING FISCAL YEAR 2021 INCLUDING MISSIONS SUPPORTED IN OVER 30 COUNTRIES AND 15 CHURCHES. THESE GRANTS INCLUDE THE FUNDING OF CARE TO 1,404 CHILDREN IN KENYA AND ETHIOPIA WHO HAVE PRIMARILY BEEN AFFECTED BY THE AIDS EPIDEMIC THROUGH COMPASSION INTERNATIONAL. CLOSER TO HOME, THE FUNDS ARE USED BY ORGANIZATIONS TO OPERATE SOUP KITCHENS, HOMELESS SHELTERS, AFTERSCHOOL PROGRAMS, AND MINISTRY PROGRAMS. ADDITIONALLY, ASSISTING THOSE AFFECTED BY NATURAL DISASTERS HAS BEEN A CORE TENANT OF THE ORGANIZATIONS MISSION AND THE ORGANIZATION HAS DONATED TO COUNTLESS ORGANIZATIONS TO ASSIST IN RECOVER EFFECTS AFTER NATURAL DISASTERS. THE ANGEL TEARS PROGRAM HOUSES A $50,000 DISCRETIONARY FUND THAT IS USED TO HELP LOCAL AREA ORGANIZATIONS AND FAMILIES WITH FUNDRAISING AND/OR HARDSHIP SITUATIONS. DONATIONS OF $838 WERE RECEIVED TO THE ANGEL TEAR MINISTRIES FUND.
THE GOOD SAMARITAN ENDOWMENT FUND WAS ESTABLISHED TO ASSIST CONCORDIA LUTHERAN HEALTH AND HUMAN CARE (EIN 25-0969458) IN FULFILLING ITS CHARITABLE MISSION BY HELPING SUPPLEMENT THE ORGANIZATION TO ALLOW FOR MORE BENEVOLENT CARE FOR RESIDENTS WITH FINANCIAL NEEDS DUE TO THE EXHAUSTION OF FUNDS. THE FUND HAS BEEN SUPPORTED THROUGH GIFTS FROM CONCORDIA, GIFTS FROM GRACIOUS PATIENTS AND THEIR FAMILY MEMBERS, AND BY GIFTS FROM THE EMPLOYEES OF CONCORDIA. $1,139,570 IN DONATIONS WERE RECEIVED AND RESTRICTED TO THE GOOD SAMARITAN ENDOWMENT FUND DURING THE FISCAL YEAR. CONCORDIA HAS A PHILOSOPHY OF PROVIDING CARE TO RESIDENTS REGARDLESS OF THEIR ABILITY TO PAY AND PROVIDED $1,112,650 IN BENEVOLENT CARE IN FISCAL YEAR 2021. THE RECIPIENTS OF CHARITY CARE RESIDE IN ALL LEVELS OF CARE AND INCLUDE RESIDENTS SERVED IN SKILLED NURSING, PERSONAL CARE, AND INDEPENDENT LIVING. IN ITS NEARLY 140-YEAR HISTORY, THE ORGANIZATION HAS NEVER DISCHARGED A RESIDENT FOR AN IN ABILITY TO PAY. CONCORDIA VIEWS BENEVOLENT CARE AS A CORE TENANT OF ITS MISSION AND WOULD PROVIDE CHARITY CARE EVEN IF THE FUND DID NOT EXIST; BUT DUE TO THE SUPPORT OF THE FUND, CONCORDIA CAN PROVIDE SIGNIFICANTLY MORE CARE TO THOSE IN NEED COMPARED TO IF THE ENTIRE SHORTFALL DUE TO THE BENEVOLENT CARE HAD TO BE OFFSET WITH EXCESSES FROM OTHER OPERATIONS.
THE CONCORDIA LUTHERAN MINISTRIES FOUNDATION SCHOLARS PROGRAM ASSISTS DESERVING EMPLOYEES OF ALL AFFILIATES SYSTEM-WIDE IN REACHING THEIR EDUCATIONAL GOALS. THE EMPLOYEE SCHOLARSHIP PROGRAM ENCOMPASSES SEVERAL DIFFERENT GROUPS OF STUDENTS. THE CONCORDIA LUTHERAN MINISTRIES FOUNDATION SCHOLARS PROGRAM ALSO HAS A SECONDARY COMPONENT THAT TARGETS SCHOOLS BASED ON OUR GEOGRAPHICAL "FOOTPRINT" IN RELATION TO CONCORDIA FACILITIES. THIS PROGRAM AWARDS SCHOLARSHIPS BOTH ON ACADEMIC ACHIEVEMENTS AND FINANCIAL NEED TO GRADUATING SENIORS MATRICULATING AT AN UNDERGRADUATE INSTITUTION TO PURSUE A DEGREE IN A HEALTHCARE-RELATED FIELD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Brand-See Schedule O Secretary/treasurer | OfficerTrustee | 1 | $0 |
Keith Frndak-See Schedule O President/chairman | OfficerTrustee | 1 | $0 |
Brian Hortert-See Schedule O Board Member | Trustee | 1 | $0 |
Tammy Young-See Schedule O Board Member | Trustee | 1 | $0 |
Michael Falbo-See Schedule O CFO | Trustee | 1 | $0 |
Conor Hagey-See Schedule O Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $9,139 |
Membership dues | $0 |
Fundraising events | $13,370 |
Related organizations | $16,460,000 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,082,210 |
Noncash contributions included in lines 1a–1f | $2,561 |
Total Revenue from Contributions, Gifts, Grants & Similar | $17,564,719 |
Total Program Service Revenue | $1,463,322 |
Investment income | $2,658,720 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $14,815,903 |
Net Income from Fundraising Events | -$2,745 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $36,499,919 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $12,343,390 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,094 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $289,518 |
Fees for services: Other | $153,357 |
Advertising and promotion | $0 |
Office expenses | $14,548 |
Information technology | $150 |
Royalties | $0 |
Occupancy | $201 |
Travel | $36 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $56 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $722 |
Insurance | $892 |
All other expenses | $26,011 |
Total functional expenses | $12,885,659 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,866,928 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $67,086 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $8,336,267 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $38,286 |
Net Land, buildings, and equipment | $3,580 |
Investments—publicly traded securities | $216,119,964 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $226,432,111 |
Accounts payable and accrued expenses | $431,525 |
Grants payable | $36,645 |
Deferred revenue | $143,589 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $611,759 |
Net assets without donor restrictions | $213,404,965 |
Net assets with donor restrictions | $12,415,387 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $226,432,111 |
Over the last fiscal year, Concordia Lutheran Ministriesfoundation has awarded $2,095,890 in support to 48 organizations.
Grant Recipient | Amount |
---|---|
Colorado Springs, CO PURPOSE: To provide sponsorship, including educational, basic needs, drought relief and pastoral guidance through sharing the Gospel, to sponsored children in Kenya and Ethiopia. | $719,491 |
Cabot, PA PURPOSE: Donation to further the mission and corporate promise of Concordia Lutheran Ministries (EIN 20-5138278) and its affiliates. | $371,310 |
Valencia, PA PURPOSE: Donation to further the mission and corporate promise of Concordia Lutheran Ministries (EIN 20-5138278) and its affiliates. | $188,567 |
PITTSBURGH AREA LUTHERAN SCHOOLS PURPOSE: To provide scholarships for the PALS schools (three K-8; ten preschools) for those families that cannot afford tuition. Providing scholarships to families enables Lutheran schools to reach those in need as God instructed in Matthew 25:40. | $110,000 |
Pittsburgh, PA PURPOSE: Donation to further the mission and corporate promise of Concordia Lutheran Ministries (EIN 20-5138278) and its affiliates. | $79,781 |
Cabot, PA PURPOSE: To provide financial support of the Voice of Victory program via purchase of medical supplies, operating a medical clinic in constructing a school kitchen at the VOV center in Moshi, Tanzania; Sent to Serve Student Program; and Promise of Life Partnership to build a satellite office in the church building. | $65,923 |
Over the last fiscal year, we have identified 1 grants that Concordia Lutheran Ministriesfoundation has recieved totaling $2,000.
Awarding Organization | Amount |
---|---|
Jack And Shirley Mcintyre Foundation Camano Island, WA PURPOSE: GENERAL DONATION | $2,000 |
Organization Name | Assets | Revenue |
---|---|---|
Ufcw Local 1776 & Participating Employers Health & Welfare Fund Plymouth Meeting, PA | $60,321,476 | $63,078,058 |
Associates Health Trust Solon, OH | $8,159,190 | $46,591,493 |
Five Pointe Professional Liability Insurance Company Wilmington, DE | $241,906,004 | $45,761,537 |
Childrens Hospital Pittsburgh Foundation Pittsburgh, PA | $343,464,938 | $65,119,589 |
Steamfitters Local 449 Medical & Benefit Fund Harmony, PA | $89,351,885 | $44,512,937 |
Virtua Health Foundation Inc Marlton, NJ | $110,138,193 | $9,123,196 |
The Erm Group Health & Welfare Trust Malvern, PA | $0 | $29,217,705 |
Marcus Avenue Medical Pc Westbury, NY | $15,403,274 | $17,010,236 |
Indiana Jefferson Radiation Oncology Inc Indiana, PA | $76,804 | $26,313,559 |
Calvert Health System Inc Prince Frederick, MD | $134,464,089 | $23,125,484 |
Transport Workers Union Roseland, NJ | $16,248,570 | $20,384,690 |
Geisinger Health Danville, PA | $3,255,726,286 | $301,727,565 |